Issue details

Allocation of S106 Commuted Sum Monies (Bay House and Barn Close)

To approve the spend of secured S106 affordable housing commuted funds to support the redevelopment of two Silva Homes sites to create 51 additional social rented homes for applicants on the Council’s housing register

Decision type: Key

Reason Key: Expenditure > £400,000;

Decision status: For Determination

Wards affected: Bullbrook;

Notice of proposed decision first published: 30/06/2022

Decision due: 20 Sep 2022 by Executive

Lead member: Executive Member for Adult Services, Health and Housing

Lead director: Executive Director: People

Department: People

Contact: Mark Barratt, Interim Assistant Director: Early Help and Communities Email: mark.barratt@bracknell-forest.gov.uk Tel: 01344 351447.

Consultation process

None

Consultees

None

Making Representations: In writing to the Executive Director: People

Financial Impact: The proposed spend will be entirely funded from commuted funds held within relevant S106 pots

Reason the item will considered in private: Paragraph 3 - Information relating to the financial or business affairs of any particular person (including the authority holding that information).